Banking house von der Heydt-Kersten & Sons
The banking house von der Heydt-Kersten & Sons was a traditional credit institute based in Wuppertal - Elberfeld . The company shell was resold and reopened as a banking house by Heydt GmbH & Co. KG, based in Munich .
history
The bank was founded in 1754 by the two brothers Abraham and Caspar Kersten under the name Gebrüder Kersten in Elberfeld . Caspar retired from management after a few years. Abraham expanded the bank and skilfully used the business opportunities in the economically flourishing valley of the Wupper . His daughter Wilhelmine married Daniel Heinrich von der Heydt in 1794 , who became a partner four years later. Daniel, who also held numerous influential public offices, built the bank very successfully. When the company was handed over to the next generation in 1827, the name was changed to von der Heydt-Kersten & Sons . The son August von der Heydt was later appointed Prussian Trade Minister (1848–1862) and State Minister of Finance (1862, 1866–69). From 1878 to 1929, his grandson , August Freiherr von der Heydt , who also became famous as a patron of the arts, played a key role in the further growth of the bank. As he expected that his two sons, August and Eduard , would pursue other professional goals, he involved the Barmer Bankverein in the family business in 1911 .
The time after the First World War was very eventful. Finally in 1932 the bank was taken over by the Berlin Commerz- und Privatbank , a forerunner of the later Commerzbank , together with the Barmer Bankverein . During the Second World War, the bank building in the center of Elberfeld am Neumarkt was almost completely destroyed by the air raids on Wuppertal . From 1943 to 1945 the bank temporarily moved to the ground floor of Villa Schmits in Luisenstrasse. 136 a. The parent company was rebuilt in the old style by 1950. At the end of the 1960s, to the regret of many citizens today , the classicist building was replaced by a then contemporary exposed aggregate concrete building. In 1970 the bank was merged with the Commerzbank regional branch, so that the traditional name disappeared from the facade.
A few years ago, the company shell was resold and reopened under the current name of Bankhaus von der Heydt in Munich with a focus on wealth management in Munich.
List of partners in the von der Heydt-Kersten & Sons banking house
| Time of partnership | Name, dates of life |
|---|---|
| 1754-1796 | Abraham Kersten (1733–1796) |
| 1754-1807 | Caspar Kersten (1734–1807) |
| 1798-1832 | Daniel Heinrich von der Heydt (1767–1832) |
| 1803-1827 | Johann Kaspar Gottfried Wever (1780–1857) |
| 1824-1859 | August von der Heydt (1801–1874) |
| 1827-1857 | Daniel von der Heydt (1802–1874) |
| 1829-1881 | Carl von der Heydt (1806–1881) |
| 1832-1853 | Wilhelmine von der Heydt-Kersten (1771-1854) |
| 1854-1867 | August von der Heydt (1825–1867) |
| 1854-1861 | Carl Friedrich von der Heydt (1829–1861) |
| 1872-1889 | Friedrich Roeber (1819–1901) |
| 1878-1929 | August von der Heydt (1851–1929) |
| 1881-1899 | Carl von der Heydt (1858–1922) |
| 1890-1911 | Gustav Hueck (?) |
| 1907-1914 | Max Decker (?) |
| 1912-1943 | August von der Heydt (1881–1943) |
| 1912-1928 | Theodor Hinsberg (1859–1934) |
| 1922-1926 | Eduard von der Heydt (1882–1964) |
| 1922-1928 | Felix Berchmans (?) |
| 1928-1949 | Richard Blecher (1876–?) |
| 1939-1958 | Fritz Höfermann (1897–1958) |
| 1943-1951 | Waldemar Frowein (1889–1964) |
| 1949-1955 | Carl Otto Tewaag (?) |
| 1951-1964 | Max Kretschmann (1890–1972) (or Max Kretzschmann ) |
literature
- Hans Kurzrock: 200 years of Von-der-Heydt-Kersten & Sons. 1754-1954 . Von-der-Heydt-Kersten & Sons, Wuppertal 1954 (commemorative publication for the anniversary).
- Detlef Krause: Yarn, money and bills of exchange. 250 years of Heydt-Kersten & Sons . Born Verlag, Wuppertal 2004.